Asked by laura
                Suppose i am interested in the average price of books at a bookstore. i randomly pick 15 books.?
i calculate the average of those, report my findings to the newspaper. can you identify the following:
a. the population under consideration
b. the parameter of intrest
c. the sample involved
d. the statistic involved
do you think the statistic will give us good information about the parameter of intrest?
            
            
        i calculate the average of those, report my findings to the newspaper. can you identify the following:
a. the population under consideration
b. the parameter of intrest
c. the sample involved
d. the statistic involved
do you think the statistic will give us good information about the parameter of intrest?
Answers
                    Answered by
            PsyDAG
            
    You want an estimate of the mean price of all books in the store from a random sample of 15 books.
Does rephrasing the problem help?
    
Does rephrasing the problem help?
                                                    There are no AI answers yet. The ability to request AI answers is coming soon!
                                            
                Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.